Processing Deed of Trust Mortgages - Northwest Region CHEHALIS TRIBAL COMMUNITY CENTER APRIL 18 TH – 19 TH, 2012

INTRODUCTION Gina Hinchman-Eastman, Credit Officer Assistant Secretary of Indian Affairs/Indian Energy and Economic Development/Division of Capital Investment. Portland, OR (503)

Working with BIA Requesting a TSR Realty and/or Tribal Realty should request certified TSR from Portland LTRO using blue paper

TSR Request When requesting TSR for mortgages, make sure that you identify that this TSR request is for mortgage purposes The name on the TSR should match the documents (DOT/PM/HUD Rider) Mortgage TSR’s are given priority by LTRO

BIA Mortgage Approval Process CREDIT MEMORANDUM REVIEW BIA Realty/Division of Capital investment and/or Tribal Realty staff prepare credit memo for signature (lenders do not prepare) Once signed, complete package is sent to BIA Office in Portland, Division of Capital Investment (DCI) for review and conditional approval. DCI receives the packet & reviews it for completeness. If not complete, the agency and/or lender will be contacted. If there are questions, the borrower maybe contacted also.

CERTIFICATION This is to certify that the attached Deed of Trust between _______ and _____________ and (lender) on (Allotment #) existing laws and regulations and that all Realty and Credit records were checked as to descriptions, ownership, and proper identification of grantor/grantee and conformity extends to and includes all Supporting documents and other materials as may be specified and Required in the CODE OF FEDERAL REGULATIONS (CFR). APPROVED: _________________ _______________ DateNorthwest Regional Director Prepared by Northwest Zone Credit Office, NWZCO (503)

CERTIFICATION OF APPROVAL - LEASES This Certificate of Approval shall be attached and recorded in the Official Records of the Bureau of Indian Affairs with that certain Leasehold Mortgage between lessee, ________ on Lot ___ on Allotment # ________ Lease No. _____________ and __________________ as mortgagee which is organized and existing under the laws of the State of _____________ and whose address is: _________________________________. Said Leasehold Mortgage pertains to a loan from said lender in the principal sum of ________________________Dollars; $____________. In accordance with the Act of March 29, 1956, (70 Stat 62, 63), 25 UNITED STATES CODE (USC) 483a, and authority of the Assistant Secretary – Indian Affairs as delegated to the Regional Director by 230 DM 3.1 dated March 16, 1988, and revised by the Assistant Secretary in releases 2863 dated July 1989, the foregoing Leasehold Mortgage is approved.

CERTIFICATE OF APPROVAL (2) Approval of the Leasehold Mortgage shall not be construed to be an agreement or assurance that the lands covered by the Leasehold Mortgage will remain in a trust or restricted status during the period of the Leasehold Mortgage. Said lands shall be subject to foreclosure or sale as provided in 25 USC 483(a) and (b) as now existing or as the same may be hereafter amended. Date: _____________________________________________ Superintendent /NWRO RD

CREDIT MEMO REVIEW If complete, the mortgage will be forwarded to the review committee Once the review committee signs off and a conditional approval (this applies when there is an unsigned promissory note and deed of trust) is issued to the agency via a memo. One of the conditions will be that the Allotment # be added to the Deed of Trust and HUD 184 documents. Once the deed and promissory note are signed they are to be sent directly to DCI for final approval and recording.

Recorded Docs Documents sent in for recording must be the original signed or certified as true and original copy. Recorded documents are sent back to the lender or title company. A request for a Certified TSR for loans that have been recorded. A copy will be faxed to Agency & HUD for issuance of loan guarantee

PLEASE, PLEASE make sure that if a individual is going to pay off debts that it says in your credit memorandum and it shows which debts are going to be paid off in the loan application. Will consider and review if they are going to refinance, remodel, and payoff debts. Won’t consider if they are just going to use their land to pay off debts.

AS OF MARCH 28, 2012 HAVE REVIEWED 34 MORTGAGES TOTALLING $4,183,433